Wholly foreign owned enterprise Formation in Wuhan

Establishing a Wholly Foreign Owned Enterprise in Wuhan:

Registered capital: No. minimum registered capital is required for WFOEs
with scope of business of consulting, Trading, retailing, information
technology etc. in Wuhan. There are minimum registered capital still required
for some sectors, for instance: Banking, Forwarding, education etc.

The above documents are good enough to register a Trading WFOE,
Service WFOE
& Consulting WFOE
in Wuhan . For a manufacturing WFOE
establishment in Wuhan, you will also need:

Purpose and estimated investment

WFOE's
operational structure and number of employees

Permission for land use, environment evaluation report

Products, size of production, detailed list of equipment, and business
plan

Environmental protection measures

Requirement for utilities such as power and water supply

Registration Procedures

Foreign investors are not permitted to directly submit the application
documents of incorporate a WFOE to the relevant authority in Wuhan. They
must retain a PRC
entity that is authorized or permitted by relevant authorities to act
as a sponsor. The sponsor will submit all the documents to the examination
and approval authorities on behalf of the foreign investor. Procedures
for setting up a Wholly Foreign Owned Enterprise in Wuhan are the following:

Name registration with Wuhan Administration of Industry and Commerce
(SAIC)